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Re: AU post# 52430

Saturday, 10/06/2012 7:30:25 PM

Saturday, October 06, 2012 7:30:25 PM

Post# of 80983
Per the posting of SPS on MP, 10-1-12 regarding this, and quoting the IR person, "when company principles met Amarant in July, one of the participating partners placer technology was determined to be not appropriate drilling/mining technology for Alto. We are now waiting for a resolution from Amarant on this subject."
I take this to mean that one of the partners in the deal stated that their contribution to the Alto would not include their "placer technology." Simple. This does not mean that Alluvia's AuVert technology won't be a big hit in the applications for which it is intended. When an operation can almost double recovery or reclaim almost all of the missed gold in decades old tailings (some of which cover many square miles of land in Alaska and the Yukon), the possibilities are indeed golden. I expect the stock of Alluvia Mining to soar. Along with reclamation of gold, there is the added bonus of reclaiming the broken and scarred landscape of these rivers that had been effectively "turned upside down" back in the old days. The AuVert technology, besides being a moneymaker, is a "green" technology and one which should find favor in todays ecologically conscious climate.